Welfare Programs Consume Enormous Amounts of Public Funding During a Time

question 55

Multiple Choice

Welfare programs consume enormous amounts of public funding during a time of recession. Which of the following would lead to the largest reduction in costs of these programs?

• A) consolidate all of the welfare subsidy programs
• B) get the economy growing again, so that fewer people will need the benefit
• C) reduce fraud and waste in current programs
• D) expand benefits of these programs

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Definitions:

Modern Techniques

Contemporary methods used in various fields to improve efficiency, accuracy, and productivity.

Capital Budgeting

The process undertaken by companies to evaluate and prioritize investments in long-term assets based on their potential returns.

Individual Cash Flows

The specific instances of cash being received or expended by an entity, which can include income from sales, financing, investments, or operational activities.

Subjectively

Based on personal feelings, tastes, or opinions rather than external facts or evidence.